YEARLY HIGH
1.0725 ISK
YEARLY LOW
0.8606 ISK
YEARLY AVERAGE
0.9540 ISK

2020 JMD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 1.0725. Conversely, the yearly low was recorded on December 5, dropping to 0.8606.

This high-to-low spread represents a total annual volatility of 0.2119 ISK. From a start-to-finish perspective, comparing the January average rate of 0.9179 to the December average rate of 0.8863, the exchange rate registered a net change of -3.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0725 was up 9.38% compared to the 2019 peak of 0.9805, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JMD based on timing:

Yearly Peak High 5,362 ISK
2019 Average 4,592 ISK
Yearly Trough Low 4,303 ISK
Transaction Impact: A difference of 1,059.42 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0664
0.8699
JanuMarcMayJulySeptNove

JMD to ISK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.9713, compared to 0.9367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0346 points.

H1 Avg (Jan–Jun) 0.9713
H2 Avg (Jul–Dec) 0.9367

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1221 ISK (High: 1.0455 / Low: 0.9235). On the other end, August was the most stable month, with a tight range of 0.0222 ISK (High: 0.9262 / Low: 0.9039).

March Spread (Volatile) ±0.1221
August Spread (Stable) ±0.0222

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0562 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0562

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 1.0501) against the same month in 2019 (average: 0.9297), the exchange rate shifted by +0.1204 (+12.95%).

2020 Avg (April) 1.0501
2019 Avg (April) 0.9297

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9372 0.8816 0.9179
February 0.9288 0.8816 0.9047
March 1.0455 0.9235 0.9969
April 1.0725 1.0278 1.0501
May 1.0317 0.9432 0.9938
June 1.0005 0.9231 0.9645
July 1.0006 0.9145 0.9670
August 0.9262 0.9039 0.9171
September 0.9827 0.9297 0.9581
October 0.9787 0.9515 0.9625
November 0.9692 0.9070 0.9293
December 0.8970 0.8606 0.8863